One of the mysteries of the English language finally explained.
Insurance taken out by an employer against losses incurred through dishonesty by employees.
- ‘Employee fraud and non-disclosure on an application for fidelity insurance was the subject matter in jj Barnicke Limited v.’
- ‘The company wanted Preston brought to justice and, lacking fidelity insurance protecting them against employee theft, the Graffs wanted their money back, somehow.’
- ‘PMT recommends next steps: meet with fidelity insurance re: what they need to accept claim, meet with I.P. to discuss questionable payments.’
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